February 2011 Moms

super fun topic- wills....

We need one.  We're not rich nor do we own a ton of fancy stuff, however, NJ signs your LO over to the state if both parents/guardians pass & I think your property is distributed by the state as well.  I'm willing to bet it's a major PITA (not to mention traumatic) to get LO back into the arms of friends/family.  DH set up an appointment this week with a lawyer to draft one up.  We talked about it over the weekend about who we would leave F to and decided on B's brother & his wife.  They live within a half an hour from us and have three kids of their own- they're financially stable &, IMO, are amazing parents.  Shoot, he'd probably be better off with them!  Haha...I'm joking.  Our dogs too- as silly as it sounds- will have a designated custodian Dog  Oddly enough, it was truly the first time I actually thought about all of this stuff.   

Wondering if you thought about this and if so, do you have anything in place (legally) now that LO is here?

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Re: super fun topic- wills....

  • My DH is an attorney so he drew it up for us shortly after LO was born.  We just signed everything over to LO and then guardianship to my parents.  In a few years, when they are older or we have 2, etc. we'll change to have him go to someone younger.  I think because DH was the one writing it up, it didn't seem as big of a deal as it might if we had to schedule meetings, etc.  I do still try not to think about it.
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  • we had one drawn up a few months after DS was born, but we never had the official copy drawn up just the draft. Now we need to redo it to add in DD. Luckily we are on the ball with our life insurance policy and that was updated last month.
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  • We do not have one made but I'm wondering, if you make a written notice of your own... not with an attorney and keep it in the locked files (with birth certificate, etc) would that be honored in the event that both I and DH pass?
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  • GAH!

    We totally spaced on it again. We keep forgetting but we need to get going on it. We have thought about it all and have it all figured out we just need to get it down in an official document.

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  • We thought about it while I was pregnant but never got around to doing it. We need to, we will also have our doggies go to someone. We are going to use DH friend who also has 2 kids. DH also needs to get a life insurance policy and once I go back to work I need one as well. I told him he cannot ride his motorcycle until he gets one!
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  • We put one together after LO was born, but it was also pretty easy and free since H is a lawyer.
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  • imageBridgetkate28:We do not have one made but I'm wondering, if you make a written notice of your own... not with an attorney and keep it in the locked files (with birth certificate, etc) would that be honored in the event that both I and DH pass?

     Check your state law! I wouldn't recommend this because in many states I know that the courts would not recognize a letter as written notice of your wishes; it would be too easy for someone to forge this. In Washington State the courts require that your will is witnessed by 2 different people in order to be valid; you don?t have to have a lawyer write it up for you (although it is a good idea) .  

    We need to do a will and a Trust, we can't decide who we would want as a guardian for DD2 and this has really held us up. We need to get in gear!
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  • imageLucky_Dragonfly:
    we had one drawn up a few months after DS was born, but we never had the official copy drawn up just the draft. Now we need to redo it to add in DD. Luckily we are on the ball with our life insurance policy and that was updated last month.

    Great for you!!  Life insurance for us is in the bag- that's what DH does for a living.  This whole subject is bleh, but it's so so important to protect one another.  WTG to all the ladies who have already taken care of this burden!! 

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